Down Home
- Assets
- $453.5k
- Revenue
- $565.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Fargo, ND
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 82-3635989
Organization Overview
Down Home is located in Fargo, ND. The organization was established in 2018. As of 12/2023, Down Home employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Down Home is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Down Home generated $565.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $522.4k during the year ending 12/2023. While expenses have increased by 32.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FURNISHINGS AND DECOR FOR FAMILIES AND INDIVIDUALS TRANSITIONING FROM HOMELESSNESS INTO PERMANENT HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENTERING HOUSING IS AN IMPORTANT STEP IN THE JOURNEY OF EMERGING FROM HOMELESSNESS, YET FOUR WALLS IS NOT ENOUGH TO SOLVE THE PROBLEM. DOWN HOME (DH) HELPS END THE CYCLE OF HOMELESSNESS BY CREATING HOMES AND A COMMUNITY WHERE FAMILIES AND INDIVIDUALS FIND COMFORT, DIGNITY, STABILITY, AND CONNECTION. IN 2023, A YEAR OF GROWTH, THE DH TEAM WAS ABLE TO SERVE 35 NEW FAMILIES (96 MEN, WOMEN, AND CHILDREN), EMPOWER 373 VOLUNTEERS, INVOLVE 17 MOVE-IN SPONSORS, ACCEPT DONATIONS FROM 814 DONORS, INCREASE WAREHOUSE SAFETY AND EFFICIENCY, AND WELCOME ONE NEW STAFF MEMBER. 100% OF CLIENTS SERVED IN 2023 REPORTED DOWN HOME PROVIDED THEIR FAMILY WITH SECURITY, COMFORT, COMMUNITY CONNECTION, AND RELIEF FROM FINANCIAL STRESSORS. ALL OF OUR CLIENTS HAVE FINANCIAL STRAINS AS 100% OF THEM ARE BELOW THE POVERTY THRESHOLD. ADDITIONALLY, 86% HAVE AN ANNUAL INCOME LESS THAN $35K, APPROXIMATELY 80% OF THEM ARE SINGLE MOTHERS, AND 85% OF OUR CLIENTS REPORTED DOMESTIC VIOLENCE, MENTAL HEALTH ISSUES, AND/OR SUBSTANCE ABUSE AS A PAST TRAUMA/CATALYST FOR HOMELESSNESS. DURING THE FIRST YEAR AFTER THE REVEAL AND BEYOND, WE ARE INTENTIONAL IN REMAINING IN COMMUNICATION AND OFFERING ADDITIONAL OPPORTUNITIES OF SUPPORT FOR THOSE WE HAVE WELCOMED TO OUR DOWN HOME FAMILY. IN THE LAST YEAR, 100% OF THOSE SERVED BY DOWN HOME HAVE REMAINED IN COMMUNICATION THROUGH INTENTIONAL FOLLOW-UPS AND ACCEPTED ADDITIONAL RESOURCES BEYOND THE MOVE-IN DAY. RESOURCES HAVE INCLUDED OUR PARTNERS FOR A YEAR OF FREE INTERNET, BIRTHDAY CELEBRATION PACKAGES, FREE FAMILY PHOTOGRAPHY, AND AN ANNUAL CHRISTMAS CELEBRATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenessa Fillipi President/executive Direct | OfficerTrustee | 1 | $70,008 |
Jacob Fillipi Member | Trustee | 1 | $0 |
Brent Wersinger Member | Trustee | 1 | $0 |
Kristie Eid Secretary | OfficerTrustee | 1 | $0 |
Jill Waslaski Chair | OfficerTrustee | 1 | $0 |
Jeremy Welsand Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $55,306 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $441,573 |
| Noncash contributions included in lines 1a–1f | $141,967 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $496,879 |
| Total Program Service Revenue | $0 |
| Investment income | $2,367 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,522 |
| Net Income from Fundraising Events | $71,809 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $565,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,008 |
| Compensation of current officers, directors, key employees. | $35,004 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $154,365 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $391 |
| Payroll taxes | $17,945 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,112 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,562 |
| Office expenses | $22,395 |
| Information technology | $1,797 |
| Royalties | $0 |
| Occupancy | $41,884 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,452 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,403 |
| All other expenses | $8,490 |
| Total functional expenses | $522,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,698 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $101,341 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,500 |
| Total assets | $453,539 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $453,539 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $453,539 |